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Managing China's Energy Sector - Between the Market and the State (Paperback)
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Managing China's Energy Sector - Between the Market and the State (Paperback)
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Since China has now become the world's largest energy consumer, its
energy sector has understandably huge implications for the global
economy. This book examines the transformation of China's
conventional and renewable energy sectors, with special attention
to state-business relations. Two studies examine the development of
China's energy profile, especially China's renewable energy. Two
others explore governmental relations with state-owned enterprises
(SOEs) and their reform. Despite drastic restructuring in the late
1990s, SOEs continue their oligopolistic control of the oil and gas
sectors and even overshadow the stock market. Three studies
investigate the factors that help propel the expansion of China's
conventional energy firms, as well as those producing renewable
energy (i.e. solar PV industry). A study of China's solar PV
industry suggests that China's governmental support for it has
evolved from subsidising production (a "mercantile" stage aimed at
expanding the industry's global production and export share) to
subsidising the demand side (aiming at expanding domestic demand
and absorbing redundant manufacture capacity). Another review of
this industry finds that firms tend to pay heavy attention to
extra-firm institutional network relationships both inside and
outside China, and that buyer-supplier networks are influenced by
extra-local managerial education. The final chapter compares
China's provinces and their embedded carbon-footprints per capita
in urban areas from a consumption perspective, using a
self-organizing feature map (SOFM) model. This book was originally
published as a special issue of the Asia Pacific Business Review.
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